Using securities class action lawsuits from 1996 to 2013, we document a measure of law firm expertise that predicts the outcome of future lawsuits conducted by law firms. We use prior Dismissed Ratio as law firm expertise. We find that law firms with a lower prior Dismissed Ratio are more likely...

In 2006, Christopher Dale leaked information about Clayton Utz's internal investigation into the events surrounding the destruction of documents that would have been relevant and damaging to their client, British American Tobacco, in the 2002 McCabe litigation. This article uses this case study...